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20121112
20121112
Search Results 0 to 8 of about 9 (some duplicates have been removed)
saudi arabia? could an abundance of shale oil in the u.s. actually bring about energy independence by the year 2020? we drill for the truth straight ahead. and how rich is rich? the president wants higher taxes for americans earning more than $250,000 a year. is that fair? or should that number actually be $1 million? and could this be the key to resolving the looming fiscal cliff? that and a lot more is still to come on the "closing bell." >>> if a budget is not agreed upon to avoid the fiscal cliff, the average middle class family will pay $2,000 more in taxes. >> that's right. crunch time is upon us. the markets and economy will be held hostage until lawmakers do reach a deal on the fiscal cliff, presumably between now and the end of the year. >> eamon javers is breaking down the plan. over to you. >> just before the break, you and bill were debating whether or not it's too early to start getting sweaty palms about in fiscal cliff problem in washington. as a guy covering capitol hill for almost 20 years, i can tell you it's never too early to panic about what washington might do
oil producer by 20-20 a new forecast by the international energy agency says the united states will overtake saudi arabia to become the number one producer of oil. the u-s increased crude oil production by 14 percent from 2008 to 2011. the u-s currently imports twenty percent of its energy needs. the report also says the u-s will be completely energy independant in 10 years. judy garland's iconic blue and white dress from the 19-39 classic film the wizard of oz, has sold for 480-thousand dollars at auction. in beverly hills. the dress was the highest priced item during the two-day auction. also sold a steve mcqueen racing jacket for 50 thousand dollars, julie andrews' sound of music dress sold for 38- thousand. a piece of prince william and kate middleton's wedding cake went for 75-hundred dollars. just ahead when the new blackberry is set to be released. and, still to come this midday: if you're torn about when to fly home for the holidays. we'll tell you if thanksgiving or christmas flights are cheaper. and later in lunchbreak: expert tips for the perfect holiday turkey thi
. let's check out latest news in energy and metals and go to sharon epperson at the nimax. >> the markets are jittery here. we have wti oil prices below $86 an oil and brent crude jumping up toward the 110 level. bob outlined the concerns about going over the fiscal cliff and what that means for the u.s. economy and what ripple effects it will have globally. there's also of course concern about what's going to come of the eu finance ministers meeting over greece and that's going to be an impact on the markets and we have geopolitics and israel saying they won't take direct hits from syria. that is something that the market has been watching very closely as well. the big story that has long-term ramifications for the u.s. oil industry and for the global energy trade is definitely the report today from the international energy agency where they said that they believe that the u.s. will become the top oil producer in the world by 2020. overtaking saudi arabia. overtaking russia and the fact that u.s. will be self-sufficient by 2035. this is a huge sea change in the debate tha
an inspector. i can't get an inspector. we have big dreams. one is for a clean, domestic energy future that puts us in control. our abundant natural gas is already saving us money, producing cleaner electricity, putting us to work here in america and supporting wind and solar. though all energy development comes with some risk, we're committed to safely and responsibly producing natural gas. it's not a dream. america's natural gas... putting us in control of our energy future, now. shannon: the aftermath of superstorm sandy sparking serious health concerns. it's especially hard for folks dealing with disbitle who had a tough time making it through the storm and all that flooding. >> they carried me out. i lay there for six hours. the water went down and up so i could get out of the house. shannon: storm survivors are facing new medical worries. dr. manny alvarez is a member of the fox news medical a-team. you were out surveying the scene this weekend. what are your greatest worries? >> for a lot of folks in staten island and new jersey it seems like the storm happened yesterday. becaus
have economic growth many of which are put in by obama for the solyndra green-type energy programs. let's bring the rates down. boehner was clear he wanted increase revenues it is not a tax increase to put more americans at work. if our recovery was growing the rate reagans did more americans would be at work. in terms of raising revenue which boehner grew about. if you grew the economy at reagan levels instead of two percent and obama and french levels, just growing faster and do that for a decade, the federal government gets trillions in taxes. we could undo the damage by having higher growth. >> gretchen: that's the difference in ideology. raise it to 3#.9 percent x. replace the alternative minimum tax with the buffet and raise the state tax and long-term capitol gains from 15-20. where do you think that those four points will go in negotiations with the republicans? >> mr. boehner said one thing he's not willing to give up on is maintaining the 35 percent top rate. obama wants 39.6 percent. it is rather significant increase. the obama care tax increase. he takes the tax rate on half
's largest oil producer. that's according to a new study from the international energy agency. this should happen around 2020 and about ten years after that the u.s. is expected to become completely energy independent. wow. >>> christmas will not come early for one major retailer. while other stores want you to start shopping even earlier, another store -- i admire this store, alison kosik. i admire this store. >> i do, too. i admire it more for its clothing. okay, for this too, sure. talking about nordstrom. yeah, this got a lot of attention in the blogesphere this morning. there's a photo of a sign at nordstrom that says the company is not going to be decorating for christmas until after thanksgiving. here's the thing with this. it says we won't open until friday, november 27th. that was actually black friday in 2009. it turns out, carol, this is nothing new for nordstrom. in fact the store says it's waited until after thanksgiving to decorate its stores for christmas for over 100 years. now in an age where retailers can't wait to roll out christmas displays and commercials before hallow
Search Results 0 to 8 of about 9 (some duplicates have been removed)